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20121120
Search Results 0 to 4 of about 5 (some duplicates have been removed)
@thekudlowreport. we'll read them later in the show. >>> guess what? nancy pelosi is staying. wow! in congress. as the minority leader of the house democrats. holy cow. surrounded by women democrats at the house, nancy pelosi told reporters today they were looking into the future. more women, more minorities in the incoming house. more than ever before with her decision. the democratic leadership is not going to change in the new house of representatives in january. and all i'll say is my condolences to her longtime deputy, steny hoyer. >>> anyway, stocks dropped sharply on president obama's press conference today. the dow closed down almost 700 points since the election itself. keith boykin notwithstanding. we'll look at the growing number of investor pessimists. this is not good. >>> later, markets also have their eye on a big escalation in mideast hostility. hamas declaring war on israel. this while we have no cia director. >>> and don't forget, free market capitalism is the best path to prosperity. i don't know why we have to raise $800 billion in revenues. makes no sense to me. cut spendi
better than to take the last budget the senate did, harry reid with his buddies, nancy pelosi, the 2008 free bailout, free stimulus budget and spent $2.5 trillion. nobody complained it didn't spend enough. if we adopted their budget right now, the 2008 budget, $1 trillion per year less than we are spenning right now. >> sean: we spend all of this time with an election and we are right back where we were. i don't know the republicans that voted for an increase -- here's my question to you. here's my question. do you think the leadership in the house is glg to hold the line on increasing taxes? >> well, gee... i know that we had the biggest conservative wave election in american history 2 years ago. two years later, we had a continuing resolution, a continuing resolution, a continuing resolution, debt ceil being increase. we -- ceiling increase. we ended up cutting nothing, really. we really-- >>> you are saying no. >> two years of leverage for nothing. it's time to use the leverage of the house. it's one-half of one-third, but the most important half of the legislative body. the founders
revenue is on the table. which means in order for it to pass, nancy pelosi has to come over and knock on your door. what are your red lines on this? >> i suppose i'll have a number of red lines. number one, not a nickel in reductions and cost of living increases, social security, not a nickel in reductions to benefits to medicare and medicaid. those are probably the most primary red lines. then i would want to see -- >> that's interesting. >> i would want to see -- where you draw the red line, i don't know. i don't want to see more cuts in discretionary spending, i don't want to see increases to the military. i don't want to see revenue -- revenues, so-called, that will impact the middle class, like eliminating state and local taxes. that's a very important one. some of the proposals that are on the table now, they came from romney. they came from democrats saying great idea. let's cap deductions at 35,000 or $40,000. that will, in a high tax rate like you are, that will really almost eliminate to a large extent, deductibility, state and local taxes. which, in turn, will put more pres
Search Results 0 to 4 of about 5 (some duplicates have been removed)

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